NOT LISTED FOR SALE

81 E Fernwood Ave Memphis, TN 38109

South Memphis Neighborhood

Estimated Value: $120,000 - $149,000

4 Beds
2 Baths
1,600-1,799 Sq Ft
$72/Sq Ft Est. Value

Sale Details

Date Sold: May 14, 2025

Last sale price $130,000 $72 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $719 / mo

101 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Separate Formal Living Room
  • Landscaped Professionally
  • Wood Flooring
  • Porch

About This Home

As of May 2025

Currently rented $1350 per month. Fully remodeled Top to Bottom, Inside and Out- New Roof, Windows, exterior paint, HVAC, Furnace, Wood fence, Porch post & railings and doors. Interior- New interior Doors, New Kitchen and bathrooms, flooring, Paint, stair treads and carpet. Great Investment and addition to your portfolio, growing market! Contact Brett Bernard for more information. Do NOT disturb tenant. Appraised for $158K 12-30-2024.

Last Agent to Sell the Property

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 12/27/2024

Last Buyer's Agent

Brett Bernard

The Stamps Real Estate Company License #346958 Listed on: 12/27/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 59x135
  • Wood Fence
  • Landscaped Professionally

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,600-1,799 Sq Ft Home
  • 1,600 Sq Ft Home
  • 2-Story Property
  • Separate Formal Living Room
  • Updated Kitchen

Flooring

  • Wood
  • Partially Carpeted
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • Mcgehee & Pilley Re Blk 35 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050058 00002

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Class: Residential
  • Type: Detached Single Family
  • Style: Traditional
  • Detached Unit Type: General Residential
  • MAAR Subdivision Name: MCGEHEE & PILLEY BLK 35
  • Number Of Stories: 2
  • Prop Construction Status: Existing Property
  • Estimated Sq Ft: 1600
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Additional Bedroom Bathroom Info: Renovated Bathroom, Full Bath Down
  • Estimated Heated Sq Ft Range: 1600-1799
  • Bedrooms: 4
  • Bedrooms Down: 4
  • Floors/Ceilings: Part Hardwood, Part Carpet, Tile
  • Full Bathrooms: 2
  • Living Dining Kitchen: Separate Living Room, Updated/Renovated Kitchen

Exterior Features

  • Misc Exterior: Porch, Wood Fence

Garage/Parking

  • Parking Display: N0
  • Parking Storage: Driveway/Pad

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Professionally Landscaped, Wood Fenced
  • Lot Number: 2
  • Acreage: 0.18
  • Lot Size: 59X135
  • Geo Subdivision: TN

Tax Info

  • Assessor Parcel Number: 050058 00002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
May 14, 2025
Sold by
T & S Real Estate Llc
Bought by
81 E Fernwood Ave Llc
Seller's Agent
Brett Bernard
The Stamps Real Estate Company
Buyer's Agent
Brett Bernard
The Stamps Real Estate Company
List Price
$130,000
Sold Price
$130,000
Views
79
Current Estimated Value
$128,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,309
Avg. Annual Appreciation
-1.12%

Purchase Details

Closed on
Mar 13, 2023
Sold by
Phillips Barbara
Bought by
T & S Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,500
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 2, 2015
Closed on
Feb 25, 2015
Sold by
Fannie Mae
Bought by
Phillips Barbara
Seller's Agent
Sam Hanks
Broker South Realty
Buyer's Agent
Sam Hanks
Broker South Realty
List Price
$10,000
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.88%

Purchase Details

Closed on
Oct 29, 2014
Sold by
Fletcher Gina and Fletcher Reginald
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
81 E Fernwood Ave Llc $130,000 Title Assurance & Escrow
T & S Real Estate Llc $28,500 --
Phillips Barbara $10,000 Saddle Creek Title
Federal National Mortgage Association $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner T & S Real Estate Llc $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2025 05/14/25 Sold $130,000 +0.8% $81 / Sq Ft
04/07/2025 04/07/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $129,000 -0.8% $81 / Sq Ft
12/27/2024 12/27/24 For Sale $130,000 +1200.0% $81 / Sq Ft
03/05/2015 03/05/15 Sold $10,000 0.0% $10 / Sq Ft View Prior Sale
02/11/2015 02/11/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $10,000 -- $10 / Sq Ft
Source: Memphis Area Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $309 $14,600 $2,000 $12,600
2024 $309 $9,125 $1,000 $8,125
2023 $556 $9,125 $1,000 $8,125
2022 $556 $9,125 $1,000 $8,125
2021 $562 $9,125 $1,000 $8,125
2020 $636 $8,775 $1,000 $7,775
2019 $636 $8,775 $1,000 $7,775
2018 $636 $8,775 $1,000 $7,775
2017 $361 $8,775 $1,000 $7,775
2016 $401 $9,175 $0 $0
2014 $401 $9,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brett Bernard

    Seller's Agent in 2025

    Brett Bernard

    The Stamps Real Estate Company

    (901) 692-7401

    5 in this area

    249 Total Sales

    Brett Bernard
    Section Image
  • Sam Hanks

    Seller's Agent in 2015

    Sam Hanks

    Broker South Realty

    (901) 378-0494

    2 in this area

    28 Total Sales

    Sam Hanks
    Section Image
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Map

Source: Memphis Area Association of REALTORS®

MLS Number: 10187160

Memphis Area Association of REALTORS®

APN: 05-0058-0-0002

Tennessee Shelby County Memphis 38109 South Memphis

81 E Fernwood Ave, Memphis, TN

Not Listed for Sale

Detached

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